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Just dropped · Trial Balloon · Ep. 193

The Magnificent Seven

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Trial Balloon · Ep. 193: The Magnificent Seven

Just 7 Companies Are Driving the Stock Market Rally

June 16, 2023 · 11:50 am ET · Leave a Comment

Financial Times: “The performance of the S&P 500 index is now the most concentrated it has been since the 1970s. Seven of the biggest constituents — Apple, Microsoft, Google owner Alphabet, Amazon, Nvidia, Tesla and Meta — have ripped higher, gaining between 40 per cent and 180 per cent this year.”

“The remaining 493 companies are, in aggregate, flat.”

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